Commercial development for sale
Property description & features
- Tenure: Freehold
- Prominently located in the sought after town of Church Stretton
- Substantial property comprising of two commercial shop units and two residential flats
- Part income producing currently with significant rental potential
- Asset Management Opportunity
- Potential opportunity to owner occupy with income from other parts of the property
The substantial property is located on the southern side of The Square and comprises of a part three, part two and part single storey property with a basement that is currently arranged as two lock up shop units and 2 residential flats providing a mixed commercial and residential investment opportunity with potential for owner occupation.
The property is traditional construction with a fully glazed shop front onto The Square. The residential flats benefit from self contained entrances off High Street.
6 The Square comprises of a ground floor lock up shop with a sales area of approximately 294 ft sq (27.31 m sq) and ancillary accommodation of approximately 117 ft sq (10.84 m sq) and a basement area. 8 The Square comprises a ground floor lock up shop with a sales area of approximately 574 ft sq (53.32 m sq) and ancillary accommodation of approximately 37 ft sq (3.44 m sq) and a basement area.
The residential element of the property comprises of 6A The Square which is arranged to provide 2 bedroom accommodation arranged over the first floor with a ground floor entrance. 6B The Square comprises of a two bedroomed flat that is arranged over the first and second floor of the property and has a ground floor entrance.
Location
The property is prominently located in the Square of the sought after town of Church Stretton. The surrounding occupiers include Miller Evans, Samuel Wood, Salts and Berry's coffee shop. The Square benefits from a car parking area and is located at the junction with High Street in the heart of the town centre.
Church Stretton located in South Shropshire can claim to be one of the most beautifully situated towns in England being sat at the foot of the Stretton Hills and often affectionately known as Little Switzerland. The town lies adjacent to the A49 Trunk Road midway between the towns of Shrewsbury, the county town of Shropshire, being 13 miles to the north and Ludlow being 15 miles to the south.
The A49 provides access to the national road network via the M54 to the north. The town due to the Stretton Hills is a popular tourist town particularly for walkers and it offers a thriving community with public houses, restaurants and an excellent range of independent shops. The town had a population of 4,671.
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